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1manband

03/15/19 3:41 PM

#149357 RE: Major Profits #149355

Yes, that is correct.

Penny stocks are specifically excluded from the provisions of Safe Harbor. Whenever I see a penny stock issuer claiming safe harbor, especially in their PR's, I KNOW they either have no clue about securities regulations, or are intentionally trying to fool investors.

Either way, it is a MASSIVE red flag and demonstrates the company is almost certainly not worthy of investment.

integral

03/15/19 4:13 PM

#149366 RE: Major Profits #149355

https://www.law.cornell.edu/uscode/text/15/77z%E2%80%932

Go to (b)(1)(C)...

(C) issues penny stock